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S 4694 116th Congress Senate International Affairs Congressional oversight Nuclear power Russia Trade agreements and negotiations Trade restrictions

Russian Suspension Agreement Extension Act of 2020

Introduced: September 24, 2020 Introduced by: Barrasso, John Republican · Wyoming See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2020
Read twice and referred to the Committee on Energy and Natural Resources.
Sep 24, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

Russian Suspension Agreement Extension Act of 2020

This bill extends limits on the importation of Russian low-enriched uranium, a fuel for nuclear reactors, and contains other related provisions. (These limits stem from a 1992 agreement with Russia to end a Department of Commerce antidumping investigation into Russian uranium imports.)

The bill extends these limits, which are currently set to expire in 2020, to 2040. The bill also specifies the maximum amounts of qualifying uranium that may be imported each year for 2021-2040. The Department of Commerce shall (1) administer these import limitations, and (2) periodically review U.S. demand for uranium for nuclear reactors and adjust the limits accordingly.

Currently, qualifying uranium imported for the Department of Energy inventory do not count against these limits. The bill eliminates this exception but maintains two other exceptions for uranium imported for use in the initial core of a new reactor or for reprocessing and reexportation.

What's happening now September 24, 2020

Read twice and referred to the Committee on Energy and Natural Resources.

 Committees of jurisdiction 1